Market Information Tuesday 31 March 2026

Inflation in Germany rose to 2.7 percent in March year-on-year, the highest level since 2024, driven mainly by higher fuel and gas prices following the conflict in the Middle East. Iran’s near closure of the Strait of Hormuz and attacks on regional energy facilities disrupted oil and gas supplies. Consumer prices increased 1.1 percent in March versus February. Financial markets anticipate potential interest rate increases as the European Central Bank expects higher inflation and weaker economic growth.

Federal Reserve Chair Jerome Powell stated that the central bank can wait to assess how the conflict in Iran affects the United States economy and inflation. He noted that inflation expectations beyond the short term remain anchored. With rising gasoline prices and lingering inflation above target, the Federal Reserve faces tension between supporting the labour market and containing price growth. Powell emphasized uncertainty around the energy shock and reiterated that current policy is well positioned as the situation develops.

Nasdaq will introduce new rules to accelerate the inclusion of newly listed large capitalization companies in the Nasdaq 100 index. The changes aim to support the pipeline of initial public offerings as major technology firms prepare to list. A fast entry mechanism will assess newcomers based on their market capitalization after seven trading days. Additional adjustments include a revised market capitalization method, removal of the 10 percent float requirement, and quarterly updates on outstanding shares.

The 6M Euribor is unchanged at 2.50% compared to previous business day. The 10Y Swap decreased with 6 basis points to 3.10% compared to previous business day.

In the attachment, today’s market data on money and capital market rates as well as other rates are presented.